Biffa completed the acquisition of UK Municipal business of Renewi for £125m.

Biffa, a UK-wide integrated waste management business, completed the acquisition of UK Municipal business of Renewi, a waste-to-product company, for £125m. "We are pleased to confirm the successful completion of the divestment of UK Municipal to Biffa, bringing a positive outcome for all stakeholders. This transaction is a transformational milestone in our strategy, allowing us to further focus on our core and profitable recycling business in Europe, as we continue to generate more value for our shareholders and increase our contribution to the circular economy," Otto de Bont, Renewi CEO.